Company Description

Commerce Bancshares, Inc. operates as a bank holding company for Commerce Bank. It engages in general banking business, providing a broad range of retail, corporate, investment, trust, and asset management products and services to individuals and businesses. The company operates its business through three segments: Consumer, Commercial and Wealth. The Consumer segment includes the retail branch network, consumer installment lending, personal mortgage banking, debit and credit bank card activities. The Commercial segment provides corporate lending, which includes the small business banking product line within the branch network, leasing, international services, and business, government deposit, and related commercial cash management services, as well as merchant and commercial bank card products. The Wealth segment provides traditional trust and estate tax planning, advisory and discretionary investment management and brokerage services. Commerce Bancshares was founded on August 4, 1966 and is headquartered in Kansas City, MO.